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17 January 2025 | 3 replies
Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.
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16 January 2025 | 26 replies
Make it part of your business model and focus on scaling vs managing.
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15 January 2025 | 11 replies
Based on IRS Private Letter Rulings (PLR 200805012 and PLR 200901020), development rights can qualify as like-kind property for a 1031 exchange if they are considered interests in real estate under state law.
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10 January 2025 | 28 replies
My unfair advantage is that real estate is my job I have made a few different businesses out of it.
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9 January 2025 | 28 replies
Do some smaller dollar private lendingA property is too capital intensive and $20k will not get you very far.You also did not describe what level of risk you want to take, so that is something also to take into consideration when evaluating where to invest.
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20 January 2025 | 3 replies
Agree it is difficult to assess costs when they vary so much by location.Keep in mind that some turnovers are sickenly expensive, and that is just the nature of the business.
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21 January 2025 | 11 replies
You have to be a serious individual that takes care business.
21 January 2025 | 7 replies
Hello all, my business partner and I started BRRR's in Texas in 2023.
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18 January 2025 | 1 reply
My understanding is an E2 Visa is an investor Visa (ie. you need to buy a business) OR you can piggyback off an existing E2 holder.
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16 January 2025 | 6 replies
I am learning a lot about the business that, had I not gone through this process, I wouldn’t have learned nearly as much.